Hariom Pipe Industries Ltd
Incorporated in 2008, Hariom Pipe Industries Ltd is a manufacturer of high-quality steel products[1]
- Market Cap ₹ 1,111 Cr.
- Current Price ₹ 360
- High / Low ₹ 889 / 324
- Stock P/E 18.1
- Book Value ₹ 178
- Dividend Yield 0.17 %
- ROCE 14.6 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 47.2% CAGR over last 5 years
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Part of BSE Industrials BSE Allcap BSE SmallCap
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
87 | 105 | 134 | 161 | 254 | 431 | 644 | 1,153 | 1,288 | |
80 | 90 | 117 | 137 | 220 | 374 | 562 | 1,015 | 1,120 | |
Operating Profit | 7 | 15 | 17 | 23 | 34 | 56 | 82 | 139 | 169 |
OPM % | 8% | 14% | 13% | 15% | 13% | 13% | 13% | 12% | 13% |
1 | 0 | 0 | 0 | 1 | 3 | 1 | 5 | 4 | |
Interest | 3 | 3 | 3 | 7 | 8 | 8 | 10 | 33 | 43 |
Depreciation | 2 | 3 | 2 | 5 | 6 | 8 | 9 | 34 | 46 |
Profit before tax | 2 | 10 | 12 | 11 | 21 | 43 | 63 | 77 | 83 |
Tax % | 33% | 36% | 31% | 30% | 29% | 25% | 26% | 27% | |
2 | 6 | 8 | 8 | 15 | 32 | 46 | 57 | 61 | |
EPS in Rs | 9.47 | 5.94 | 6.21 | 5.98 | 8.92 | 18.83 | 16.73 | 19.68 | 20.19 |
Dividend Payout % | 0% | 0% | 10% | 0% | 0% | 0% | 0% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 66% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 47% |
3 Years: | 56% |
TTM: | 7% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2 | 11 | 13 | 13 | 17 | 17 | 28 | 29 | 31 |
Reserves | 10 | 9 | 21 | 35 | 54 | 84 | 348 | 435 | 519 |
29 | 25 | 56 | 68 | 80 | 87 | 297 | 372 | 336 | |
7 | 13 | 14 | 23 | 23 | 27 | 37 | 44 | 140 | |
Total Liabilities | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,025 |
12 | 12 | 43 | 50 | 59 | 54 | 135 | 366 | 352 | |
CWIP | 0 | 1 | 0 | 0 | 8 | 10 | 103 | 13 | 31 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
36 | 46 | 62 | 90 | 107 | 152 | 471 | 501 | 642 | |
Total Assets | 47 | 58 | 105 | 140 | 174 | 216 | 709 | 880 | 1,025 |
Cash Flows
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
4 | 7 | 6 | 1 | 10 | 4 | -101 | 5 | |
-0 | -4 | -32 | -12 | -23 | -4 | -222 | -182 | |
-4 | -3 | 30 | 9 | 12 | -0 | 426 | 74 | |
Net Cash Flow | -0 | -0 | 4 | -2 | -1 | -1 | 104 | -102 |
Ratios
Figures in Rs. Crores
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 36 | 29 | 52 | 28 | 23 | 49 | 39 |
Inventory Days | 165 | 196 | 169 | 251 | 174 | 150 | 172 | 124 |
Days Payable | 28 | 31 | 21 | 63 | 9 | 14 | 13 | 8 |
Cash Conversion Cycle | 161 | 201 | 177 | 240 | 193 | 159 | 207 | 155 |
Working Capital Days | 121 | 111 | 116 | 133 | 123 | 107 | 166 | 131 |
ROCE % | 30% | 22% | 18% | 21% | 28% | 17% | 15% |
Documents
Announcements
-
Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
1d - Received Letter of Award for 60 MW solar project.
-
Board Meeting Intimation for Alteration Of Object Clause Of Memorandum Of Association.
2d - Board meeting to alter Object Clause of Memorandum.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 Feb - Transcript of the Earnings Conference Call held on February 11, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Feb - Audio recording of investor conference call submitted.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
11 Feb - Revised Investor Presentation on the Unaudited Financial Results for the quarter and nine months ended December 31, 2024
Business Overview:[1][2]
HPIL is a vertically integrated steel manufacturer with 800+ SKU’s of Iron & Steel products. It is one of the few players to have end to end Backward Integration process for Hot Charging, from producing raw materials like sponge iron and billets to final products